---
title: "Lending & regulation — how Creditcorp's business lending sits outside consumer credit"
description: "Credicorp Limited lends only to bodies corporate — UK limited companies and LLPs. Under Article 60B of the FSMA Regulated Activities Order 2001, that lending is not a regulated credit agreement, so it needs no FCA authorisation and the FOS and FSCS do not apply. Not consumer credit, no personal guarantee."
canonical: "https://creditcorp.co.uk/lending-and-regulation/"
locale: "en-GB"
updated: "2026-06-20"
---

# Lending and regulation

> Credicorp Limited lends **only to bodies corporate** — UK limited companies and LLPs. Under **Article 60B of the FSMA Regulated Activities Order 2001** (SI 2001/544), lending to a body corporate is not a regulated "credit agreement", so Credicorp is not FCA-authorised (authorisation is not required), and the Financial Ombudsman Service (FOS) and Financial Services Compensation Scheme (FSCS) do not apply to its business lending. This is **not consumer credit**. No personal guarantee is taken on the products.

**Canonical URL:** <https://creditcorp.co.uk/lending-and-regulation/>
**Last updated:** 20 June 2026

The deep version of this explainer lives on [creditcorpgroup.co.uk/lending-and-regulation/](https://creditcorpgroup.co.uk/lending-and-regulation/).

---

## Common questions

**Is Credicorp regulated by the FCA?**
No, and it does not need to be. Credicorp Limited lends only to bodies corporate — UK limited companies and LLPs. Under [Article 60B of the FSMA Regulated Activities Order 2001](https://www.legislation.gov.uk/uksi/2001/544/article/60B), lending to a body corporate is not a regulated "credit agreement", so providing it is not a regulated activity and no FCA authorisation is required. We say this plainly rather than implying an authorisation we do not hold.

**Can I complain to the Financial Ombudsman Service or claim from the FSCS?**
Not for this business lending. The Financial Ombudsman Service and the Financial Services Compensation Scheme are part of the regulated consumer-credit framework. Because lending to a body corporate falls outside that framework, neither the FOS nor the FSCS applies to Credicorp's business lending. If you have a concern, you raise it with Credicorp directly through the customer site.

**Is this consumer credit, a payday loan or a personal loan?**
No. These are business-credit products provided to incorporated businesses. They are not consumer credit, not payday loans and not personal loans. The borrower is always the company, not an individual, a sole trader or a director borrowing in their own name.

**Do you take a personal guarantee from the director?**
No. No personal guarantee is taken on the products. The agreement is between Credicorp Limited and your company, so there is no charge over a director's home and no personal credit agreement in a director's own name.

## Where to borrow

Every customer action — apply, quote, portal, support — happens on the operating lender, [credicorp.co.uk](https://credicorp.co.uk/). This Creditcorp site is a front door only; it never takes applications, prices loans or accepts payments.

## Make sure you have the right Credicorp

Creditcorp Group = **Credicorp Limited** (UK, 16093826) + **CM Beyer Limited** (UK, 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company.

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© 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).